Chinese banks to finance $800m OmniVision acquisition

Bank of China and China Merchants Bank are arranging a $800 million loan to fund a Chinese consortium’s acquisition of Nasdaq-listed OmniVision.
May 05, 2015

Bank of China and China Merchants Bank are arranging a loan facility of about $800 million to finance a Chinese consortium's $1.9 billion acquisition of US-listed OmniVision Technologies, according to two sources familiar with the matter.

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